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20121101
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headquarters and hampton pearson is at governor romney's headquarters in boston. phil you kind of got to stay home, don't you live there and poor hampton we had to send him there. you got the better deal, we'll start with you, phil. >> or not. >> we lost a little bit of phil lebeau's sound there. >> you know what, i could have gone to hampton first anyway and he's the one that traveled further, i should have just to defer to you, hampton. hopefully we can hear you. why don't you start. >> reporter: how are you doing, joe? number one the polls just opened a few minutes ago in boston, massachusetts, expecting something like a 70% turnout. governor romney wrapped up his last full day of campaigning in manchester, new hampshire, the four electoral votes are really up for grabs between him and president barack obama. romney basically reminding folks that this is where his campaign began 18 months ago, and making one last plea for their votes today. >> and tomorrow, your votes and your work right here in new hampshire will help me become the next president of the united states. >> reporter: now mit
.i.e. they have v heavy rain for the cape, but boston a bit of a dry area. but the damage already done. look at these snowfall totals. central new jersey over a foot of snow. everywhere here in the light pink shading is 3 to 6 inches of snow. and new york city coming in just over 4 inches which was the earliest 4 inch snowfall ever on record for the city. beating that old record by over a month -- or i should say about a month. heavy snow continued across connecticut and so we're continuing to watch that area. but the snow that's already on the ground was blowing around, as well. still 20 to 30-mile-an-hour wind gusts. these are the peak winds we saw near 70 miles an hour near nantucket. everyone else closer to 40s in the mile per hour range. but that's enough. for the advisories that are still out there, connecticut into rhode island, we're still watching winter weather advisories and winter storm warns. and that continues up the coast into new hampshire and maine where the snowfall totals quite honestly won't be as big. switching gears a little bit, i know there's a lot of natural gas and
things going on here. satellite actually looks qui fret boston to buffalo. d.c. travel weather pretty easy today. that area of low pressure off the southeast coastline, at least spreading some showers on toward north carolina and this disturbance pushing at least a few clouds in towards chicago. on the radar, doesn't look like very much. lightning trackers not picking up any lightning and as it makes its way across the eastern edge, a lot of the showers likely to fall apart. chicago maybe a little drizzle today. that system off the east coast will slowly drift further away, but it is pushing a lot of water in towards the edge of the outer banks. highway 12 had issues, had to close a couple times. much of the activity will remain off the coast. still will deal with some of those winds. it's limited as the effect of it, but still talking winds at 20 to 30 miles an hour range with some higher gusts. just to the north, could see a few showers. but d.c. itself, new york, boston, temperatures in the 40s with sunshine in the area. tuesday, a beautiful set up there, as well. even travel wise,
in boston. you see the roads. a lot of cars heading out of town. 43.6 million people traveling this thanksgiving weekend. that is a slight increase from last year. more people driving 50 miles since 2007. the national average for gasoline at $3.41. look at this image here. it is a little hard to tell but behind all of those plains that's the united states. and right now 5,000 flights are in the air according to the flights. the airlines are counting on a quiet thanksgiving to fuel fourth quarter profits. average domestic air fare at $180. fewest number of people flying however since 2009. when you have fewer seats which is what we have because capacity has been stripped out you have higher air fare rrs. you have seen air fares are up 16%. a as a lot of people talk about being thankful on thanksgiving. let's look at one airline stock you wanted to own. u.s. airways up 192%. not entirely because of the business but more because of the speculation. >> thanks so much. >> the latest on your travel for the weekend. >>> and finally my observation on the warning bernanke issued to amer
and launch microsoft. it was 1974. he was a college dropout working in boston, and one day he spotted a magazine announcing a new small computer called the altair. he ran to show it to his friend gates, then at harvard. >> i said, "here, look at the magazine! this is computer we've been waiting for." >> this is how the pc--the idea that we all have these computers--this is how it started. >> yeah, and it's amazing to think, back then, nobody had personal computers. i mean, there were computers in universities and in research labs and in corporations, but nobody had personal computers. >> allen's idea was to write software that would enable the altair to work as well as those large computers. >> and so we called up the company that made it and said, "well, we can demonstrate this software for you very quickly. are you interested?" and they said, "sure, if you can really show up and demonstrate it." >> did you have software? >> no. no. >> you had nothing. >> we had nothing. >> so they spent the next eight weeks at harvard feverishly writing code, but without an altair to test on. allen
disappointed when i went to work for the mayor of boston 45 years ago, i was told seriously, hey, kid, there's one thing you you got to remember. you never write when you can talk, you never talk when you can nod, and you neff nod when you can wink. and why these two very intelligent men were sending these embarrassing e-mails is absolutely baffling. >> a lesson for all of us to remember. so remember to wink nod and -- >> is he right, is there anything more than to this than just the exposure of a public figure's sex life? >> the question is whether there were see credit s secrets exposed. >> it's maybe not so much about the affair about the issues this benghazi that were raised and who whole other series and the loss of support. it's a pretty interesting piece worth reading. >> futures are indicated higher after the markets closed down again. indicated up about 34. in europe this morning, we've been taking a look and seeing at this point at least some modest red arrows. declines of the ftse at this point down by about 19 points. cac off by five. germany, the dax down by half a percent. an
. bill is a friend columnist at "forbes," a boston-based venture capitalist. i like to read just about everybody you write, bill. welcome. viewers, be careful. he's a self-proclaimed libertarian. tell me and tell sully a bit about your article that we all found so interesting about why you should never discuss politics at thanksgiving tables. >> thank you, rick and happy thanksgiving. it's a minefield with family and friends if you're a bit of an outlier. i live in boston and am -- one of the things they're not used to is someone who disagrees with their opinions. they're so used to arguing with strawmen that when they get up against somebody who has thought through issues is a bit of a stock. really warm people, great hosts, i was surronalded by college professors for the evening. the evening did start out slowly, and i did try to hold my tongue. they were congratulating themselves for being so smart. it ended up becoming quite lively by the end of 9 night. >> it always gets lively around my holiday dinner table as well, but at the epicenter of this was a debate about our constitution
27 minutes at 11:30. we'll start with the markets. art hogan joins us from boston. good morning to you. >> good morning. >> is this what you expected? china pmi decent. not sure if people expected 1% out of that. >> it's interesting. we've seen an improvement over the last month or so in the economic ad calendar across the board. while that's happening, we're seeing real sloppy earnings season. the contradictions here are loud and clear. what i think we're seeing, the fact we went from june to september. since then, we're getting back about 4% on the s&p, about 6.2% on the nasdaq. we've had a bit of a correction into this earnings season and didn't expect better than expected numbers out of china for sure, but the consistency out of the improvement was catching everybody by surprise and probably portends something for tomorrow's job numbers. >> given the fact that not every trading desk is fully staffed, who know what is d order flow is like given what's normal. that niese numbers at the dow, even the s&p's may not be accurate, relative to sentiment? >> it's interesting that you
, so be patient out there. and then boston, seattle, mostly minor. los angeles, no issues to speak of. a little marine layer, but you should be just fine. let's pitch it back to you you. >> did you actually just run out to the set? did we catch you? >> a little bit kind of sort of, but not really. i was really intrigued by last block. we heard a little bit of corduroy the bear and the societal collapse. >> sorry. >> are you kidding me? i was terrified last block the stuff we were hearing. >> zombies. >> search government preparation for zombie attack. where are you based, are you -- you're not in georgia, are you you? >> we're in atlanta. >> oh, good. that's where the walking dead takes place. >> you're exactly right. so we have got zombie patrol out right now and still looking for one of the zombies as the corduroy bear. love it. >> reynolds, go for the brain. p through the eyes. >> will do it. >> i like it, he plays with us. in sports news, monday night football, steelers winning their fourth straight by escaping with a 16-13 overtime win over kansas city. roethlisberger is like a g
markets, which are the first four markets we launched. d.c., new york, boston, and san fran. and the margin expansion in those markets beat even our prior estimates of where we might go. so the margins are continuing to expand as well. >> let me pick up on some of those metrics. a lot of people are very negative on the stock. i've got mkm partners. they think it will half in value to $4. they have a stock recommendation. on that question of margins specifically, you don't break out your fleet costs, do you? in the present environment, presumably you're making money, because that is theamic that, as you sell cars, they are -- it's a higher margin experience now than arguably it might be next year. >> there were three or four factors in our margin expansion, quite frankly. quite frankly, the vehicle sales and proceeds from sales was the smallest of the three or four i'm speaking of. so most of it came from improved utilization and other margins. we've dropped our costs quite a bit. we got into the asset-backed security markets half a year ago and rolled our entire fleet into t
for what he does and real commitment. >> reporter: nearly 30 years ago cook founded boston beer company maker of sam adams. >> nobody would lend me money when i started sam adams. >> reporter: now he is trying to help other food and beverage start-ups. his samuel adams brewing the american dream fund has provided over 200 loans, averaging $8,000 apiece. claiming to creator saved 1300 jobs. >> i received $15,000 loan. and i'm going to be paying it over the next five years. >> reporter: interest rates average 8%. and cook says the default rate sunday 5%. the fund teams with local economic developers to find the right start-ups. >> we have 250,000 entrepreneurs here in l.a. it has been said lay slay a small business capital of the country. and it is. >> check e-mail. >> edward is using his loan to open a storefront with plans to hire up to eight people. in an economy where traditional jobs and loans seem harder to come by, jim cook wants to support promising people scooping out a new path. >> while you have your ups and downs, you know, if you really loved what you do, you never work a day
attention to secondaries. they are working. >> bernstein cuts boston scientific. >> we don't talk about this group enough. there's been turmoil. st. jude, hard to keep track of them but this was a company on the move and they'll stop in its tracks. >> norfolk southern. bernstein says they may miss. >> they may make the quarter shows me tocoal may have bottom. yelp is a service people like. the best performer of the special media that i look at. other than linkedin obviously. we have a big show. i sound like ed sullivan. we have manny chirico and we have gary rodkin. >> kellogg's at a 52-week high. >> pringles is working. a major success for kellogg. >> we'll see you tonight, jim. when we come back, we have richmond fed, consumer confidence and also ahead, a holiday shopping trend that indicates men are the new women. "squawk on the street" back in a moment. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. [ male annou
are kind of drunk by thousand. >> i'll toast with them. >> are you up in boston? >> springfield, mass. mostly bonds. we specialize in corporate bonds, real estate. >> so what are you doing about the fiscal cliff? >> we think it's actually a good thing because it's addressing something in our country that's gotten out of control. step back the last five years, september 2007, we crossed $9 trillion in debt. thousand we're at $16.2 trillion to $16.3 trillion four years later. five years later. deficits of 1.25 trillion for the last five years. so we have a problem in our country that really needs to be resolved. we've become addicted to stimulus really through deficit spending, through 0% interest rates. >> how are you investing around this? >> we're comfortable investing in corporate bonds. bond spreads have tightened, but investors still being paid on a reasonable basis. we have structured products like clos. >> do you care if we go over the cliff? >> it's a concern, but i think it's actually not that much of a concern to me, no. >> so it's okay? >> we look at the fundamentals of comp
Search Results 0 to 12 of about 13